In this video Mike Maloney discusses some very strange things happening in the Commitment of Traders (COT) report.
The Commitment of Traders (COT) shows commercials are betting that the price of gold is going down. The big bullion banks are short.
However something completely different is happening in the silver Commitment of Traders (COT) report. The commercials have almost completely covered their shorts.
What is really interesting is that the technical funds, which the noncommercials, and are almost always wrong are now short. These trading funds are almost always on the wrong side of the trade. The commercials are on the other side of the trade and are the winners.
Mike says he has never seen this before and it is the perfect set up
Silver is set to explode
Hashgraph has replaced their website with a countdown timer.
This is supposed to be a public leger and new crypto currency. There is an idea of putting a trust layer on the internet.
Will it actualy be a public ledger and open source? I guess we will have to watch the countdown timer for the zero hour.
Mike Maloney’s book, the Guide to Buying Gold and Silver is the best selling guide to purchasing precious metals. David Morgan’s Second Chance shows you how you can profit from the coming rise in the price of precious metals and just as importantly how to keep those profits. Click on the the image below to find out more and purchase the book directly from Amazon.
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